Country's largest power generation and other heavy equipment maker, Bharat Heavy Electricals has paid an interim dividend of Rs 298 crore to the Central Government for its financial performance during 2008-09.
On account of the equity participation of 67.72 per cent in the corporation, a dividend cheque for Rs 298 crore was presented to Union Minister for Heavy Industries and Public Enterprises Sontosh Mohan Dev by BHEL Chairman and Managing Director K Ravi Kumar.
Here’s a good news for the Indians as the telecom market in the country added a record number of customers in a single month.
In India, more than 15 million telephone connections were added during the last month.
In its latest report, TRAI said that the country now has over 400 million telecom connections. With this, the total number of those people who are using mobiles in the country has gone to 362.30 million.
Today a warning was extended to private airlines, which are hiking their airfares by forming cartels, by Union Civil Aviation Minister Praful Patel who announced that strict action would be taken against those indulging in such activities.
Mr. Patel said, "As far as raising airfares is concerned, they are outside the domain of the government as airfares are fixed by market forces."
It has recently come to vision that investment of Rs 450 crore would be made by Areva Transmission & Distribution India in calendar 2009 in order to increase equipment-making capacity at its three new plants as also existing ones. The company may make further investments, if required.
On Friday, it was stated by Rathin Basu, managing director at Areva T&D India that the construction and commissioning of the three greenfield manufacturing sites is going as planned.
The industry has been requested by foreign minister Pranab Mukherjee to cut salaries instead of cutting jobs to fight the bad times of financial meltdown across the globe, which has led to major cut in jobs in recent past.
According to Mr. Mukherjee, who also holds the charge of the finance ministry, there was a need to protect the labour force, even if it meant a slight reduction in emoluments.
Tata Motors has appointed the country's largest lender, the State Bank of India (SBI) as an exclusive booking agent for Nano. The ambitious small car due to launch by Tata group soon, is expected to record decent sales.
The Chief Manager of SBI, Jayanta Kumar Sinha, said on Friday, "SBI has been selected as the sole booking agent for Nano."
However, Mr. Sinha refused to disclose details of deal between SBI and Tata and said that official announcement is likely to come in few days.
Country's largest power generation and other heavy equipment maker, Bharat Heavy Electricals has paid an interim dividend of Rs 298 crore to the Central Government for its financial performance during 2008-09. 
Here’s a good news for the Indians as the telecom market in the country added a record number of customers in a single month. 
Today a warning was extended to private airlines, which are hiking their airfares by forming cartels, by Union Civil Aviation Minister Praful Patel who announced that strict action would be taken against those indulging in such activities.
It has recently come to vision that investment of Rs 450 crore would be made by Areva Transmission & Distribution India in calendar 2009 in order to increase equipment-making capacity at its three new plants as also existing ones. The company may make further investments, if required.
The industry has been requested by foreign minister Pranab Mukherjee to cut salaries instead of cutting jobs to fight the bad times of financial meltdown across the globe, which has led to major cut in jobs in recent past. 
Tata Motors has appointed the country's largest lender, the State Bank of India (SBI) as an exclusive booking agent for Nano. The ambitious small car due to launch by Tata group soon, is expected to record decent sales.
